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and the romney campaign. >> working for governor romney was an extraordinary privilege. and it really was an arne. and i think that he was in this race for the right reasons. he was in it out of a sense of what he could do for the country. to be a small part of that was a great privilege. but i think that republicans need to, we have a good menial, we have to do a better job of getting it out. we need to look at how we need to adjust. >> rose: julianna goldman and stuart stevens when we begin. 1e captioning sponsored by rose communications from our studios in new york city, this is charlie rose. begin this evening with politic. less than a month remains for lawmaker to reach a deal before the fiscal cliff deadline. the whitehouse open sists tax rates must rise on higher incomes in order to balance spending cuts but republican leadership remains committed to extending the bush tax cuts for all a tax bracket. brainer offer his response to the president. in an interview with julianna goldman of bloomberg news obama called the boehner plan quote out of balance. >> i think th
and the romney campaign. >> working for governor romney was an extraordinary privilege. and it really was an arne. and i think that he was in this race for the right reasons. he was in it out of a sense of what he could do for the country. to be a small part of that was a great privilege. but i think that republicans need to, we have a good menial, we have to do a better job of getting it out. we need to look at how we need to adjust. >> rose: julianna goldman and stuart stevens...
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>> the president was committed -- elected on the basis he was not romney and romney was a poopy head. >> jennifer: oh, if it wasn't sheer force of personality, how did grover norquist accumulate so much power? plus, high cholesterol and low pay, america's fast food empires have built their fortunes on an unhealthy dose of each but it is the low pay that's got us worked up tonight. later, karl rove and dick morris get banned from fox news for getting it wrong! begging the obvious question... could a fox news ban of its entire network be far behind? you are in "the war room" on a (vo) always outspoken, now unleashed. joy behar. >> on my next show, dr. ruth answers all your questions about sex. i mean the ones you can say on tv of course, on say anything. hey, yo?! i lost audio. what happened?! [ ice crackling ] what!?!? oh, it better not be! what's going on? ♪ ♪ it's time to put a stop to this! yay-e, yay-e! [ male announcer ] the coors light silver bullet pint. it's bigger. it's resealable. it's still the coldest. ♪ ♪ get out of my booth!!! [ male announcer ] frost brewed coors
>> the president was committed -- elected on the basis he was not romney and romney was a poopy head. >> jennifer: oh, if it wasn't sheer force of personality, how did grover norquist accumulate so much power? plus, high cholesterol and low pay, america's fast food empires have built their fortunes on an unhealthy dose of each but it is the low pay that's got us worked up tonight. later, karl rove and dick morris get banned from fox news for getting it wrong! begging the obvious...
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(laughter) romney somehow lost by 11 points. it's a fact republicans can't ignore if they want to win back the white house in two thousand and ever. (laughter) no band-aid solutions. g.o.p. can't just throw in a free pedicure every mandatory ultrasound and call it a day. we're talking about making a real place for minorities and women in a modern republican party and i think the republican that. i assue.n >> in washington tonight, the g.o.p. is dealing with the issue of optics and diversityn politics, getting a lot of coverage of cssio coee cirs select us ar forhe next congress. they are all white males. (audience reacts) >> oh, iuess they all look alikeo you, lliams. (laughter) i'll ha you kw, there is a great deal of diversity and variety in that group. for instance, with these three gentlemen alone look like the kind of guys who would sell you three very different types of insurance. (laughter) and look at this guy! paul ryan! that guy's god a widow's peak. that's weird. that's different. and that guy, sure, he looks like yo
(laughter) romney somehow lost by 11 points. it's a fact republicans can't ignore if they want to win back the white house in two thousand and ever. (laughter) no band-aid solutions. g.o.p. can't just throw in a free pedicure every mandatory ultrasound and call it a day. we're talking about making a real place for minorities and women in a modern republican party and i think the republican that. i assue.n >> in washington tonight, the g.o.p. is dealing with the issue of optics and...
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romney lost. >> damn it. i guess it's time i explained to these good people the upcoming fiscal cliff. think of the economy as a car and the rich man is the driver. if you don't give the driver money, he'll drive you over a cliff. it's just common sense. furthermore, rich people feel things more deeply than the common man. >> well, the rich are hardly the only ones to suffer from a fiscal cliff. did you see the book? nate silver "can't add" and some binders full of women. >>> alan simpson has joined forces with can kicks back, trying to get young people to recruit their friends and use social media to encourage congress to come to a deficit reduction deal. there's alan simpson doing his part with a homage to internet sensation gangnam style. >> stop instagraming your breakfast and tweeting your first world problems and getting on youtube so you can get gangnam style. ♪ gangnam style >> and start using those social media skills to go out and sign people up on this baby, take part or get taken apart, boy thes
romney lost. >> damn it. i guess it's time i explained to these good people the upcoming fiscal cliff. think of the economy as a car and the rich man is the driver. if you don't give the driver money, he'll drive you over a cliff. it's just common sense. furthermore, rich people feel things more deeply than the common man. >> well, the rich are hardly the only ones to suffer from a fiscal cliff. did you see the book? nate silver "can't add" and some binders full of women....
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you know who would hate that mitt romney paid only 13% in income taxes? the guy who beat mitt romney's father in the campaign for president in 1968, right wing reactionary richard nixon. that's right. republican richard nixon who was as conservative as republicans got in those days hated the idea that rich people got away with paying little or no income taxes. he introduced a bill that would create a minimum tax that rich people would have to pay even if they had the giant package of deductions and loopholes like romney that got their tax liability down to zero. they had to pay something. the nixon idea was there's a basic minimum to pay no matter what their deductions say. the idea was called the alternative minimum tax, and richard nixon signed it into law inç 1969 saying a large numberf high-income persons who paid little or no federal income taxes will now bear a fairer share of the tax burden through enactment of a minimum income tax comparable to the proposal i submitted to the congress which closes the loopholes that permitted much of this tax av
you know who would hate that mitt romney paid only 13% in income taxes? the guy who beat mitt romney's father in the campaign for president in 1968, right wing reactionary richard nixon. that's right. republican richard nixon who was as conservative as republicans got in those days hated the idea that rich people got away with paying little or no income taxes. he introduced a bill that would create a minimum tax that rich people would have to pay even if they had the giant package of deductions...
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here's mitt romney trying to figure out. of that thing that the americans call adult. i'm sorry i'm just a guy who cares an awful lot of what you say are you know what that is my other terror cells you know want to listen to features in the olympics and the first place just. to be able to look at the. you know the corporate media to structures from what you and i should care about because they're profit driven in this. three that's. garbage he calls it breaking news i'm having martin and we're going to break that. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else here sees some other part of it and realize everything. i'm tom hardy welcome to the big picture. what about the lone liberal rumble joining me tonight are francesca chambers and neil munro let's get back to it we're going to come and you're going to come on sometime neal and we'll just have a whole conversation about you to share with you but right now what the heck is going on with republicans a new poll by public holding signs that forty nine
here's mitt romney trying to figure out. of that thing that the americans call adult. i'm sorry i'm just a guy who cares an awful lot of what you say are you know what that is my other terror cells you know want to listen to features in the olympics and the first place just. to be able to look at the. you know the corporate media to structures from what you and i should care about because they're profit driven in this. three that's. garbage he calls it breaking news i'm having martin and we're...
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that word was "romney," and you didn't mention mitt romney, who, until three weeks ago, was the leader of the party. is mitt romney going to disappear, or does he have a continuing role. >> i hope he doesn't disappear. he should have a role. few have done what he did, run for president, be a nominee of the party, and experience what that means. >> and get crushed. >> that's not accurate. he got 47%, that's a lot of votes. he won a lot of states. he didn't lose 49 to one. he won places and has supporters. i think -- he's ultimately successful in life. i mean, i told him this, too. mint mitt is a role model as a person, a father, a husband, a community leader. i think he has a lot to offer the republican party in our country, and i don't know exactly what the role's going to be, but i'm excited to see what it's going to be. he has a lot to continue to contribute. >> one of the issues you're going to be talking about palletway -- palletway -- pathway to citizenship. >> it needs to be dealt with comprehensively, but not in a comprehensive bill or package of bills. why that's important is b
that word was "romney," and you didn't mention mitt romney, who, until three weeks ago, was the leader of the party. is mitt romney going to disappear, or does he have a continuing role. >> i hope he doesn't disappear. he should have a role. few have done what he did, run for president, be a nominee of the party, and experience what that means. >> and get crushed. >> that's not accurate. he got 47%, that's a lot of votes. he won a lot of states. he didn't lose 49 to...
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and i think what's really emboldened boehner, ironically, mitt romney's loss. it's this idea that john boehner's survived, he's the one who came through. we were able to keep the house. he does get a lot of credit for that among house republican circles, they were able to keep the house. people think -- >> he raised something like 100 million dollars. >> he's the kingmaker. i suspect that, from folks that i've talked to, eric cantor will not be a thorn in boehner's side. eric cantor realizes he has time, niece his 40s, he wants to be the first jewish speaker of the house. sit back, relax, you know what? if boehner becomes unpopular you don't have to lead a charge against him. you can say, well, that's too bad, john, you don't have the support. but he doesn't have to do anything, he can sit back. >> on positive way, it's not mitt romney's loss as obama's win which has helped him. they're bedfellows now. they've have to negotiate from a different perspective. >> what's shocked me there's this tacit understanding the negotiation's not going to be done until the 11
and i think what's really emboldened boehner, ironically, mitt romney's loss. it's this idea that john boehner's survived, he's the one who came through. we were able to keep the house. he does get a lot of credit for that among house republican circles, they were able to keep the house. people think -- >> he raised something like 100 million dollars. >> he's the kingmaker. i suspect that, from folks that i've talked to, eric cantor will not be a thorn in boehner's side. eric cantor...
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and they would ask people about obama's stance on the issues but then they would say that those were romney's stances on the issues and obama supporters would say yeah that was a really terrible idea as you know one of them was about drones and all this korea got a lot of times i agree right but then once they revealed that it was obama's views in the people were like oh well you know obama can get a pass oh so i think there's been plenty of studies to show just the fact that on either side most people really don't understand what they're talking about on the you know i don't i don't entirely disagree with but one of the things that came out of the public policy poll that was most fascinating was that when they asked people if they thought the simpson bowles was a good idea thirty nine percent of americans said yes and then they create this this thing it was because bowles was never elected to anything he was just a clinton staffer in fact he got knocked down twice he twice he was defeated i don't know why these guys represent anybody but anyhow they said put out a burns because they used to
and they would ask people about obama's stance on the issues but then they would say that those were romney's stances on the issues and obama supporters would say yeah that was a really terrible idea as you know one of them was about drones and all this korea got a lot of times i agree right but then once they revealed that it was obama's views in the people were like oh well you know obama can get a pass oh so i think there's been plenty of studies to show just the fact that on either side...
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based upon the economy primarily but romney spent a lot of time and money there. but what did the -- what message that the president brought to florida sueded for him? >> i'm not sure if it's the president's message. it's the message that we need to do a better job as a movement. not just the republican party. those who believe in limited government and preenterprise have to do a better and more consistent job of explaining to people why free enterprise is better for them. >> bill: elected you in florida. they elected governor scott. both of you guys are conservative smaller government people. this is why it's so confusing. because you elect you. you elect scott. now they did elect liberal senator there and they're all over the place. i just don't know why florida, virginia, ohio, colorado -- colorado, i kind of know. why the republican message didn't resonate. i don't understand why the republican message did not resonate in those states. >> well, i can't speak to those other states in detail but i can tell you about florida that there is a tremendous amount of a
based upon the economy primarily but romney spent a lot of time and money there. but what did the -- what message that the president brought to florida sueded for him? >> i'm not sure if it's the president's message. it's the message that we need to do a better job as a movement. not just the republican party. those who believe in limited government and preenterprise have to do a better and more consistent job of explaining to people why free enterprise is better for them. >> bill:...
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he didn't mention mitt romney h-hotel three weeks ago was the leader of the party -- is mitt romney going to disappear? >> i hope he's not going to disappeared and i do hope he has a continuing role. >> very few people have done what he's done covering for president and -- >> that's not accurate. he got a lot of those are the truth is he won a lot of states. he did is 49 to one. he won places and has a lot of supporters. but it's also been successful at life. i told him this, too. mitt romney is a role model as a person, father, husband, community leader. he is a lot to offer the republican party. i don't know exactly what that will be, but i'm excited because he has a lot to continue. >> one of the issues to talk about in the coming year is immigration. the big enchilada is in the ration reform. yes or no, cannot get done? >> i hope so. the next year some hopeful. it is to be dealt with comprehensively, but not a comprehensive bill. the reason is these constituencies deserve to be done was squarely for what they are in consensus for all of them. we can reach consensus on border infrastru
he didn't mention mitt romney h-hotel three weeks ago was the leader of the party -- is mitt romney going to disappear? >> i hope he's not going to disappeared and i do hope he has a continuing role. >> very few people have done what he's done covering for president and -- >> that's not accurate. he got a lot of those are the truth is he won a lot of states. he did is 49 to one. he won places and has a lot of supporters. but it's also been successful at life. i told him this,...
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morris said that mitt romney would win in a landslide with 325 electoral votes. he also made the prediction that president obama might pull out of the race. >>> a new "washington post"/abc news poll said that hillary clinton would be approved for president obama. and another path said that michelle obama would do well. right now she leads republican senator mark kirk of illinois 51-40%. >>> so a new congressional report shows wasteful spending of tax money that was intended for counter-terrorism purposes, some of the worst examples, the homeland security department paid for a hog catcher in texas. a fish tank and an underwater robot in a midwest city with no major rivers or lakes nearby. former republican senator allen simpson has a message, use the tools to sign up people for the can kicks back campaign to avoid the fiscal cliff and cut the national debt. the 81-year-old simpson went "gangnam style" to make his point. ♪ >> i have a bum knee. horse, horse. ride the horse. >> senator, thank you for that. and that's your morning dish of "scrambled politics." and
morris said that mitt romney would win in a landslide with 325 electoral votes. he also made the prediction that president obama might pull out of the race. >>> a new "washington post"/abc news poll said that hillary clinton would be approved for president obama. and another path said that michelle obama would do well. right now she leads republican senator mark kirk of illinois 51-40%. >>> so a new congressional report shows wasteful spending of tax money that was...
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if romney had won, he was an early supporter, he would probably have been in the cabinet, maybe even attorney general, but now there were two reports and most prominent being in the wall street journal today that he went up to sheldon madison. remember him, the guy with the real deep pockets who gave over 50 million to gingrich and romney and introduced himself and told him of his availability, i guess, for president. democrats are very please because they think well, i guess he's not going to run against mark warner in 2014 and over in maryland, let's not leave out maryland, i talked to one high ranging politician who doesn't want to be quote -- ranking politician who doesn't want to be quoted who says martin o'malley who is also term limited and in two terms when he gets out has checked out meaning he stops being governor, he's running for president. so we're either blessed or cursed by the fact that we have two well known household names who have done it with their own states and want to go national. >> fox 5 political analyst mark plotkin tonight. >>> coming up next a local lawma
if romney had won, he was an early supporter, he would probably have been in the cabinet, maybe even attorney general, but now there were two reports and most prominent being in the wall street journal today that he went up to sheldon madison. remember him, the guy with the real deep pockets who gave over 50 million to gingrich and romney and introduced himself and told him of his availability, i guess, for president. democrats are very please because they think well, i guess he's not going to...
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republicans did very well and in fact governor romney did very well among lower income voters. so it's wrong but we shouldn't be talking that way. we should be talking about all americans and economic opportunity for all americans and trying to achieve that. that's the important thing. >> governor sununu of course has made controversial comments before. let me play for you what he said about president obama after the first presidential debate back in october. >> what people saw last night i think was a president that revealed his incompetence, how lazy and detached he is and how he has absolutely no idea how serious the economic problems of the country are. >> john sununu also suggested race was a motivating factor for colin powell to support president obama for president. is there really much of a constituency out there for that, kiki? >> i don't think there is. i think this is one of the problems that the national party is experiencing. there have been other leaders in the party who frankly promote these ignorant points of view. and engage in demeaning and frankly conversatio
republicans did very well and in fact governor romney did very well among lower income voters. so it's wrong but we shouldn't be talking that way. we should be talking about all americans and economic opportunity for all americans and trying to achieve that. that's the important thing. >> governor sununu of course has made controversial comments before. let me play for you what he said about president obama after the first presidential debate back in october. >> what people saw last...
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here is mitt romney trying to figure out the main thing that the americans call adult. i'm sorry i missed the here's an awful lot of interests you sir are a fool you know what kind of mind their terrorist cells in your neighborhood all want to give us a to feature isn't the only liberal and the christian public you. can see your beliefs about it. it's clear the superheated distracts us from what you and i should care about because they're profit driven industry that sells a sensational garbage he calls it breaking news. and we're going to break that. please.
here is mitt romney trying to figure out the main thing that the americans call adult. i'm sorry i missed the here's an awful lot of interests you sir are a fool you know what kind of mind their terrorist cells in your neighborhood all want to give us a to feature isn't the only liberal and the christian public you. can see your beliefs about it. it's clear the superheated distracts us from what you and i should care about because they're profit driven industry that sells a sensational garbage...
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caller: i held my nose and voted for romney. if youonservative, but ask me if i believe in abortion, i do not think it is anyone's business but the woman and her god. i think republicans are run around too much by the religious right. i think where people could -- should become independence. -- independents. you have got to think common sense in this day and time. you're not -- you cannot keep holding on to your democrat or republican party. host: that is dana in oceanside, california. san antonio, texas, a democrat. caller: i was calling about the income tax. not just getting free money, having babies. host: our next call is anjou in marlborough, massachusetts. line 4 independents. -- in robert, massachusetts. line for independents. caller: it is an american problem, and all americans need to step up and help to fix it. for me, i'm willing to pay more taxes if you show me that you're doing the right thing. maybe somehow tie it to a balanced budget amendment. all we hear is talking about increasing taxes or reducing withholdings
caller: i held my nose and voted for romney. if youonservative, but ask me if i believe in abortion, i do not think it is anyone's business but the woman and her god. i think republicans are run around too much by the religious right. i think where people could -- should become independence. -- independents. you have got to think common sense in this day and time. you're not -- you cannot keep holding on to your democrat or republican party. host: that is dana in oceanside, california. san...
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romney lost. >> i guess it's time i explain, the good people, the upcoming fiscal cliff. >> the economy is the car and rich sman a driver. don't give the driver many. they will drive you over a cliff. just common sense. >> eric: not exactly. the only way to save the republic is for us to let the president go off the fiscal cliff. taxes will go up. but mandatory spending cuts get enacted. that seems to be the only way dems will cut a dime. let's save the place for the kids. do you agree? >> greg: i do. >> bob: i think you're crazy. >> greg: funny that bob and i agree but for different reasons. fiscal cliff is a horrible med fore. i means the high grade leftism. what you get are massive cuts in defense. and higher taxes. that means the government expands without improving the one thing that works. so you are feeding obese fat man called the government who still isn't doing any good. what they are doing is blackmailing us. president obama is blackmailing saying if you don't do this, if you don't raise taxes on 2%, this is what will happen. >> eric: can i take issue with that? what if we do
romney lost. >> i guess it's time i explain, the good people, the upcoming fiscal cliff. >> the economy is the car and rich sman a driver. don't give the driver many. they will drive you over a cliff. just common sense. >> eric: not exactly. the only way to save the republic is for us to let the president go off the fiscal cliff. taxes will go up. but mandatory spending cuts get enacted. that seems to be the only way dems will cut a dime. let's save the place for the kids. do...
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didn't mention mitt romney doing to through ago was your, as a party, is, mitt romney going to disappear or does he have a role speak as i hope is not going to disappear and hope he does have a role. personal, very few people have done what he's done, run for president, be the nominee of the party. >> and got crushed steadfast action. he got 47, all of the votes. the truth is you want a lot of cities but he didn't lose 49 to one. he won places. he has a lot of supporters. so i think, what is also been successful in life. if you look, i told him this, mitt romney is a role model as a person. as a father, as has been, as a leader. i think he has a lot to offer the republican party and their country. i don't know what the role is going to be but i'm excited to see what it's going to be. i think he has a lot to continue to offer spent one of the issues you will talk about in the coming year is immigration. the big enchilada it's been called is immigration reform, the pathway to citizenship. yes or no, does that get done? >> i hope so. i'm really hopeful we can deal with the issue of immigrat
didn't mention mitt romney doing to through ago was your, as a party, is, mitt romney going to disappear or does he have a role speak as i hope is not going to disappear and hope he does have a role. personal, very few people have done what he's done, run for president, be the nominee of the party. >> and got crushed steadfast action. he got 47, all of the votes. the truth is you want a lot of cities but he didn't lose 49 to one. he won places. he has a lot of supporters. so i think, what...
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. >> and so would mitt romney. (vo) she's joy behar. >>and the best part is that current will let me say anything. what the hell were they thinking? jennifer >>>> i want the people who watch our show to be able to come away armed with facts and the arguments to feel confident in their positions. i want them to have the data and i want them to have the passion. you see grandma lives waaaay down here and you live way up here. brian, your cousin, he's a little bit older than you, he lives here, in chicago. and your aunt lisa lives here, in baltimore. uncle earnie? waaay out in hawaii. but don't you worry, we will always be together for christmas. [ male announcer ] being together is the best part of the holidays and cheerios is happy to be part of the family. you just ate dallas! [ male announcer ] red lobster's crabfest ends soon. hurry in and try five succulent entrees like our tender snow crab paired with savory garlic shrimp. just $12.99. come into red lobster and sea food differently. and introducing 7 lunch choices for just $7.99. sa
. >> and so would mitt romney. (vo) she's joy behar. >>and the best part is that current will let me say anything. what the hell were they thinking? jennifer >>>> i want the people who watch our show to be able to come away armed with facts and the arguments to feel confident in their positions. i want them to have the data and i want them to have the passion. you see grandma lives waaaay down here and you live way up here. brian, your cousin, he's a little bit older...
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obama won the battleground state of virginia 51% to 48% over mitt romney. his victory was helped by taking 56% of the vote in the states southeast tidewater region that is home to norfolk. here, where streets like this are frequently under water, some people are hoping the election means political debate about climate change may be over. >> in the last month, this neighborhood has flooded three times. >> reporter: skip stiles heads wetlands watch, a local environmental group that works throughout the state. he took us to another vulnerable area downtown. >> this is an old apartment building. it has been here since 1904. so the abstract notion that we have had a foot of sea level rise in last 100 years. you can mark it against this building. we had a nor'easter in 2006 that came about here, about where sandy came. if you think about it 100 years ago that would be a foot and a half down, it wouldn't even have touched this building. problem is 100 years going forward, if you go up three feet, in 100 years this middle of the road nor'easter is suddenly as high
obama won the battleground state of virginia 51% to 48% over mitt romney. his victory was helped by taking 56% of the vote in the states southeast tidewater region that is home to norfolk. here, where streets like this are frequently under water, some people are hoping the election means political debate about climate change may be over. >> in the last month, this neighborhood has flooded three times. >> reporter: skip stiles heads wetlands watch, a local environmental group that...
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took 12 suburban milwaukee women, some of whom voted for the president, some of whom voted for mitt romney, and he asked them what they thought about the fiscal cliff. take a look. >> time to sharpen your pencils and get over yourselves. >> be realistic and stop being political. >> i think they're all -- because they're not getting together. don't be democrats, don't be republicans. they're american citizens. work together to get the work done. >> so that's the clear message, wolf. you understand there was a huge gender gap for democrats in this last elections. republicans have to look at that and say, okay, we have to get something done. but let me add this. when peter hart actually laid out on the table here are the choices you have to make on spending and here are the choices you have to make on taxes, they had a little bit more difficult time in deciding what to do. so they began to realize the extent of the difficulty in cutting any real deal. >> yeah. not belittling the difficulty. these are tough, tough issues. but the stakes are really, really important right now. there is a little
took 12 suburban milwaukee women, some of whom voted for the president, some of whom voted for mitt romney, and he asked them what they thought about the fiscal cliff. take a look. >> time to sharpen your pencils and get over yourselves. >> be realistic and stop being political. >> i think they're all -- because they're not getting together. don't be democrats, don't be republicans. they're american citizens. work together to get the work done. >> so that's the clear...
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but this was something that was hotly disputed within the romney campaign. he really let this stuff go because the romney campaign had some very big givers that were chemical companies. >> do we know, say, very bad, how much will prices conceivableably go up if we become an exporter of natural gas? is it that great a difference? >> we burn offer more natural gas than we use. burn off, in other words literally, you see those flames, we flare more than we use. so we got a real excess of this stuff. >> the government says that the -- 6.6% of current u.s. consumption. >> why would prices move that dramatically at all? wouldn't they just come down globally? >> the average, our $16 goes to $4. it costs $7 to get stuff from the united states. >> you should argue that they should go down because they went be the only one. dominion has brooif cove, that's the one that's most ready to go. the gorgon numbers, this is the gigantic l & e experts. it's not going to cost $60 billion. these plants cost a fortune, they put a lot of people to work. i think that this is the op
but this was something that was hotly disputed within the romney campaign. he really let this stuff go because the romney campaign had some very big givers that were chemical companies. >> do we know, say, very bad, how much will prices conceivableably go up if we become an exporter of natural gas? is it that great a difference? >> we burn offer more natural gas than we use. burn off, in other words literally, you see those flames, we flare more than we use. so we got a real excess...
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that came up with mitt romney. his effective tax rate was so low. he was paying the capital gains tax instead of income tax so was effective tax rate was 13% or 14%. the stepped-up basis is an important point as well. you pay taxes on capital gains tax, it is based on the value of the estate when you inherited it. host: the estate tax or the capital gains tax? guest: the estate tax. host: if it's an asset, you pay capital gains. guest: right. host: we have this comment on twitter from james. guest: corporations would say the businesses are already being taxed. folk should not be taxed for investing in their business. host: double taxation. guest: that is the argument. when people die, they are being taxed again. that is the essence of the argument against the estate tax. host: can you start over? caller: a quick question about the comments of the 401(k). i used to work for a cpa firm. i understand they are income tax deferred instruments. when you take it out, the tax you pay is income tax. the assumption is the rate would be lower. let's say the ra
that came up with mitt romney. his effective tax rate was so low. he was paying the capital gains tax instead of income tax so was effective tax rate was 13% or 14%. the stepped-up basis is an important point as well. you pay taxes on capital gains tax, it is based on the value of the estate when you inherited it. host: the estate tax or the capital gains tax? guest: the estate tax. host: if it's an asset, you pay capital gains. guest: right. host: we have this comment on twitter from james....
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it's like the accusations made by mitt romney. it was all perfectly legal. what star buck has found is that there's a difference between legal at and morality. >> it can be unseemly. they've got profit. you got those beans in that little cup there. do you think that, like, google and amazon, would they follow starbucks here? would they follow their lead? is there any pressure for them to do the same thing? >> absolutely there's pressure, but this is what starbucks said. we know we're not perfect. this is the managing director, starbucks u.k. we've listened over the past few months. we're committed to the u.k. we will give us an opportunity to build trust and customers. starbucks admitted they were shocked -- they were surprised about the ferocity of the complaints against them. this feeling. does amazon and google follow suit? i think google is a different kettle of fish. google, you do it at your computer. you don't really make that same conscious decision as a consumer. amazon, possibly. you do go on to amazon.co.uk. they could see a consumer backlash. it'
it's like the accusations made by mitt romney. it was all perfectly legal. what star buck has found is that there's a difference between legal at and morality. >> it can be unseemly. they've got profit. you got those beans in that little cup there. do you think that, like, google and amazon, would they follow starbucks here? would they follow their lead? is there any pressure for them to do the same thing? >> absolutely there's pressure, but this is what starbucks said. we know...
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caller: i voted for president obama and i really, really liked mitt romney. i thought he had a great personality but you know, why do i got to pay less taxes than my friend from massachusetts? so that really bugged me. host: stephen an independent in connecticut. tyrone is a republican in the bronx. caller: hi, how you doing. host: i'm good. caller: i think hillary clinton would be an excellent candidate for 2016, i think she handled the middle eastern issue, libya, to the best of her ability and also as far as the g.o.p. is concerned, inshe's made strides toward eliminating the tax spending through various commitments with private entities and organizations that coming out of the woodwork. i was watching earlier today and what they were requesting from the white house as far as step up to the plit, pleths fix this problem by incorporating small businesses and less government intervention to somewhat sush the deficit considering it's been astronomical. i heard barack obama say, the way we're going to do it is by cut -- make manager cuts in various ways. he wa
caller: i voted for president obama and i really, really liked mitt romney. i thought he had a great personality but you know, why do i got to pay less taxes than my friend from massachusetts? so that really bugged me. host: stephen an independent in connecticut. tyrone is a republican in the bronx. caller: hi, how you doing. host: i'm good. caller: i think hillary clinton would be an excellent candidate for 2016, i think she handled the middle eastern issue, libya, to the best of her ability...
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he also served as economic adviser to former presidential candidate mitt romney. kevin, what's your feeling now? i saw one of my colleagues tweeted a -- i don't get the "washington post," but dana milbank said republicans are raising a white flag as big as a bed sheet. is that how you see it? >> it is interesting if you look at the negotiations that president obama offered this massive tax increase with no concessions and this sort of outrageous request on the debt limit which was a really aggressive first offer. and then the republican s countered with a moderate reasonable plan exactly modeled after a proposal by erskine bowles. so if you're trying to handicap the negotiations, you'd have to concede that dana is on to something. >> really. so -- >> at least like the starting point. so basically the starting point for the republicans is what president obama probably would have viewed as a victory if they had the negotiation. >> yeah, he wanted another 400 supposed supposedly. how does simpson-bowles get to -- how does it raise revenue? what's the number that it r
he also served as economic adviser to former presidential candidate mitt romney. kevin, what's your feeling now? i saw one of my colleagues tweeted a -- i don't get the "washington post," but dana milbank said republicans are raising a white flag as big as a bed sheet. is that how you see it? >> it is interesting if you look at the negotiations that president obama offered this massive tax increase with no concessions and this sort of outrageous request on the debt limit which...
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but when marco rubio was giving his speech, he didn't mention the word "romney" once, and there was a message in that. and that was that he's turning the page. and so that passage that you were just talking to is his idea that there's a new conservatism that can appeal to more people -- that more people in society, people in even, say, the 47%, can be convinced that conservatives can help them. >> all right. mike allen. >> harold, would you like to crinkle up some more papers? >> i apologize. i was getting excited with this paper. learning how to fold. >> he was teaching him how to do origami. i thought it wasn't the right time. >> paper airplanes. very impressed with what i saw of marco rubio yesterday and how he handled the science question. he was light afoot. i thought he handle it had very well. >> ran the gauntlet of the mike allen primary, which is a key part of anyone getting elected president. but i'll say, you talk to republicans about 16 -- and obviously people are already talking about it -- on the broadcast on "way too early," hillary clinton, what people are auditioning
but when marco rubio was giving his speech, he didn't mention the word "romney" once, and there was a message in that. and that was that he's turning the page. and so that passage that you were just talking to is his idea that there's a new conservatism that can appeal to more people -- that more people in society, people in even, say, the 47%, can be convinced that conservatives can help them. >> all right. mike allen. >> harold, would you like to crinkle up some more...
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that the republicans so loved during the bush years and what they wanted to create again with governor romney. so, mr. president, i'd be happy to take a look at the proposal that the president -- that my friend, the republican leader, has shown us. if we can come up with something like we did when they created this other furor by refusing to increase the debt where we had an ability to come here and have a couple of votes to determine if we were going to increase it, if that's what they want to do again, i'd be happy to seriously take a look at that and report to the white house and my caucus. but until then, i object. mr. mcconnell: mr. president? the presiding officer: objection having been heard. mr. mcconnell: mr. president? the presiding officer: the minority leader. mr. mcconnell: my friend the majority leader indicates there is some confusion about who is the quarterback on the republican side. that is of course quite common when you don't have the white house. but there's no doubt about who the quarterback is on the democratic side. the quarterback on the democratic side is the presid
that the republicans so loved during the bush years and what they wanted to create again with governor romney. so, mr. president, i'd be happy to take a look at the proposal that the president -- that my friend, the republican leader, has shown us. if we can come up with something like we did when they created this other furor by refusing to increase the debt where we had an ability to come here and have a couple of votes to determine if we were going to increase it, if that's what they want to...